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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: oldcrow who wrote (18931)	1/22/1999 8:02:00 PM
From: memflyken2	Read Replies (4) \| Respond to of 27307

"It depends upon the press over the weekend." Not, a-slate... In fact, YHOOs performance has had nothing to do with what the press has said about the stock. If it did, then the 12/30 FORBES cover story that focused on the failure of ad sales efforts on the web and raised concerns about the future of ad-revenue dependent web cos like YHOO would have wreaked havoc on the stock. In fact it went merrily up 50% in the week after the article came out... Sensible journalists have been saying bearish things about YHOO for months, to no discernable effect. The scam with Ziff-Davis (first reported on thestreet.com in December, too)? Who cares, we're buying anyway, said the street itself, or at least the Yahooligans... YHOO has had so much bad press over these last three months that one weekend's more won't matter. What will? Whenever people decide there are no longer any Greater Fools out there on the horizon. Until that day, the stock will have some ooomph left.. Actually, I think that day is near at hand. But it's not here yet. Next week could be good for YHOO. Then again the confidence could evaporate in a second. That's why anybody going short or long at this time is simply playing roulette. Red or black, pick your color. Hope for the best, but if you win don't think your choice has anything remotely to do with savvy or intelligence. Sometimes it's in short supply on this board, but modesty is truly becoming in this environment. Long term is easy. YHOO is doomed. It hasn't a viable business model, unlike AMZN which may be losing money but at least has a concept in hand. But ultimately you can't support $25 billion of market cap selling ad banners nobody wants to buy. That's the bottom line, plain and simple. It's just a matter of when YHOO crashes, not if. Good luck with your timing, everyone.